Volvo Group - Report on first three months 2010

CEO’s comments – focus on productivity and capital efficiency
During the first quarter of 2010, the Volvo Group’s sales amounted to SEK 58.6 billion, which adjusted for currency was a 12% increase compared with the year-earlier period. Operating income improved considerably to SEK 2.8 billion, compared with a loss of SEK 4.5 billion in the first quarter in the preceding year.
- Leif Johansson, President and CEO